• Broker Parker Walter 9492708206
  • Broker Martin Smith 2052592195

Walgreens | 11+Yrs Remain Corp Abs NNN 310 Meadowbrook Rd 14,550 SF Retail Building Jackson, MS 39206 $8,106,849 CAD ($557.17 CAD/SF) 7% Cap Rate

View Photo

INVESTMENT HIGHLIGHTS

  • Over 11 Years Remaining | Corporate Signed Lease | Well Known & Established Tenant
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Drive-Thru Equipped
  • Strong Demographics In 5-Mile Trade Area
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Highland Village (2.4M+ Visitors) | Dense Retail Corridor

EXECUTIVE SUMMARY

SRS Real Estate, LLC and SRS Real Estate Partners, LLC are pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, Walgreens investment property located in Jackson, Mississippi. The tenant, Walgreens Co (NASDAQ: WBA), has over 11 years remaining on their current lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1901, Walgreens is among America’s largest pharmacies and health & beauty companies with nearly 9,000 stores in operation.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,550 SF
Building Class
B
Year Built
2015
Price
$8,106,849 CAD
Price Per SF
$557.17 CAD
Cap Rate
7%
NOI
$567,493 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.68 AC
Zoning
General Commercial Distri
Parking
3.92 Spaces per 1,000 SF Leased

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

LINKS

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
North State Street Choctaw Rd, N 9,690 2020 0.17 km
N State St Choctaw Rd, N 10,573 2025 0.17 km
N State St N Mart Plz, S 13,034 2023 0.18 km
North State Street N Mart Plz, S 13,140 2025 0.20 km
Northview Dr Iroquois Ave, NE 6,011 2023 0.27 km
Northview Drive Meadowbrook Rd, SW 5,899 2025 0.27 km
Meadowbrook Road N West St, NW 8,816 2025 0.34 km
Meadowbrook Rd N West St, NW 8,521 2024 0.38 km
Meadowbrook Rd Kings Hwy, W 12,027 2025 0.41 km
Northview Dr Meadowbrook Rd, SW 5,904 2023 0.52 km

NEARBY MAJOR RETAILERS

Piggly Wiggly
Krystal
Rent-A-Center
BankPlus

PROPERTY TAXES

Parcel Number 0430-0021-000 Improvements Assessment $221,567 CAD
Land Assessment $39,343 CAD Total Assessment $260,910 CAD

MAP

ADDITIONAL PHOTOS

View Photo Jackson MS - Walgreens2
View Photo Jackson MS - Walgreens3
View Photo Jackson MS - Walgreens4
View Photo Jackson MS - Walgreens5
View Photo Jackson MS - Walgreens6

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